Top 3 Locations to Buy a House in Dubai You Need to Check Out!

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Buying a house in Dubai may be one of the best investment decisions of your life. People from all around the world move here, which is why 85% of Dubai’s population is made up of foreigners and expats. Also, thanks to the city’s booming real estate market,  property prices are low, while rent remains high. That means if you are planning to live here, buying a house makes more sense than renting. On the other hand, you can also buy a house through one of the Dubai top real estate companies and use it to generate rental income.

No matter what your goals are, if you are planning to buy a house, make sure to contact a reliable agency real estate Dubai to find a property in one of the nice neighborhoods. If you are making a list of the ideal locations, here are a few top choices that you should consider:

Downtown Dubai

If you find yourself standing in front of Burj Khalifa, the tallest tower in the world, know that you have arrived at Downtown Dubai. As the Dubai top real estate companies would tell you, Downtown is one of the most sought after locations to buy a property in the city. You will find the best and most lavish properties here. Famous for its upscale communities and high-rise buildings, Downtown also possesses various other well-known attractions such as the world’s largest shopping mall and the world’s tallest performing fountain. Since it is situated right next to the Sheikh Zayed Road, Downtown is considered as the center of the city.

Types of properties you will find here and their prices

Ask any agency real estate Dubai, and they will tell you that Downtown is all about high-end and luxurious apartment towers. There is always some exciting new developments taking place here, and there is no dearth of residential apartments in the area. If having a scenic view is important to you, make sure there are no future developments planned around your property to block your view. Property prices tend to be high in Downtown Dubai, and they might even be the highest in the entire city. A one-bedroom apartment here might cost around AED 1,100,000 or USD 381,139.

Popular projects in Downtown Dubai

According to the Dubai top real estate companies, the most popular projects in this area are:

  • Burj Khalifa
  • Burj Vista
  • The Lofts
  • Act One
  • Downtown Views
  • The Residences

Jumeirah Village Circle

If you have always wanted to live in a modern village setting, most agency real estate Dubai will recommend Jumeirah Village Circle. Situated far away from the hustle and bustle of the city, this will be the ideal location for you if all you want is a peaceful life. Jumeirah Village Circle is famous for its lavish townhouses and villas. There are around 3,100, townhouses and 2,800 spacious villas here with tons of green spaces separating each block. You will also find all the necessary amenities here such as community centers, sports fields, schools, and parks. Being only 25 minutes away from the Dubai International Airport, Jumeirah Village Circle is also a convenient location.

Types of properties you will find here and their prices

At Jumeirah Village Circle, you won’t find many high-rise towers or buildings. Dubai top real estate companies might show you apartment projects such as Belgravia Heights and Belgravia III, which are no more than 4 to 5 floors high. However, some high rise building projects are currently taking place in the area if you are interested in them. You can also find four-bedroom villas that have three terraces and a spacious garage that can fit two cars. Such a villa might cost you AED 2 million or around USD 600,000.

Popular projects in Jumeirah Village Circle

Some exciting real estate projects in the area include:

Jumeirah Lake Towers

As any agency real estate Dubai will tell you, this location has the largest concentration of high-rise towers in the city. Situated right across the Sheikh Zayed Road, Jumeirah Lake Towers is also close to Dubai Marina. There are around 80 mixed-use towers and apartments in the area, and you will also find several hotels. It is a densely populated residential area, which is why you will find plenty of entertainment options and necessary amenities such as hospitals, schools, supermarkets, shopping malls, and restaurants. Ideal for families, Jumeirah Lake Towers attracts a high number of expats. The expat population of Dubai prefers this location because it is so close to the neighboring commercial areas.

Access to transportation is also great here. You will get Dubai metro and roads that connect to Abu Dhabi. On the other hand, if view is important to you and you have always wanted to live near water, you would not need to get a beachfront property. Jumeirah Lake Towers has four artificial lakes surrounding it. The lakes are strategically placed between the residential projects. Also, thanks to the green spaces and big parks, the area looks and feels much less congested and crowded than other parts of the city.

Types of properties you will find here and their prices

This location is known for luxury apartment projects. However, you can also find several different types of apartments such as hotel apartments, serviced apartments, and penthouses. You will also find some exciting off-plan projects here. If you are wondering about the cost, you should know that a one-bedroom apartment might have a price tag of 0.5-1 million AED and penthouses might cost 4-6 million AED.

Popular projects in Jumeirah Lake Towers

Some of the most popular projects in this area include:

  • IGO 101 Tower
  • Banyan Tree Residences
  • Seven City
  • MAG 214
  • Dubai Arch
  • Bonnington Tower

If you want one of the Dubai top real estate companies to help you out in your search for the perfect house, make sure you get in touch with RiseUp. Being one of the leading real estate companies in Dubai, RiseUp can offer you the guidance you need!

Tips to Help You Choose the Best Real Estate Agent in Dubai

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Buying or Selling a property in Dubai can feel like a daunting task, especially if you are doing it for the first time. Whether or not you have experience in the matter, it makes sense to hire one of the top real estate companies in UAE to help you out. However, with so many choices available, you may find selecting a real estate agent or company especially difficult. You cannot simply hire the first agent you talk to. Hiring the wrong person for the job may cost you dearly. That is why it is always smart to have an idea of what you are getting into and what things you should look for. Here are a few tips that will help you choose the best real estate company for your needs:

Make a list of potential candidates

In order to find the best residential or commercial property agencies Dubai, you would need to consult at least a few of them at first. There are several ways to find potential real estate agents. A quick Google search should help you find the top real estate companies in UAE. However, a better option is to seek referrals and recommendations from your peers. Ask your friends, family, and colleagues and find out if they have any suggestions. Once you have a list of potential candidates, you can set up interviews with them.

Check out their track record and inventory

This one is especially crucial if you are looking to invest in commercial real estate. The best commercial property agencies Dubai have earned their reputation through years of work. You need to hire an agent or a company that has a sterling track record and an impressive inventory. To get the best deal in commercial real estate, you need to be in constant touch with the top brokers in your target location. Hiring a capable real estate agent will certainly make your job easy.

Find out if they can mitigate risks

The top real estate companies in UAE will always be honest with you about the risks associated with selling and buying in real estate. You should want the same in your real estate agent, and they should be able to proactively and realistically mitigate risks. When interviewing agents, make sure you give preference to those who use real data instead of flattery and fluff when answering your questions about market performance, investment analysis, and long-term consequences of your buying or selling decisions.

See if they can work in your price range

Whether you are looking for residential or commercial property agencies Dubai, make sure you choose one that can work within your price range. For instance, if you want to buy a house that costs between AED 700,000 to a million, you should find an agent or a company that has property listings in that bracket. If the agency deals with more or less expensive properties, they may not have enough knowledge or information on the kind of property you are looking for.

Choose someone with strong core values

You may not think that the top real estate companies in UAE should share the same core values as you to be able to serve you well, but there is some merit to it. You and your agent may end up working together for weeks and months. There will also be a financial element involved. So, you need someone who likes to play by the same rules as you. If you are someone who values truth and honesty above all else, would you not want your agent to be the same?

Find someone you can trust

Before you hire one of the top real estate companies in UAE, ask yourself, can you trust them? The answer to this question will determine your choice. When talking to the potential agent, pay attention to how well they listen to you and what kind of questions they ask you. Knowing about their background and experience should also give you a fair idea about whether or not you can trust them.

Make sure you will get adequate support

If your requirements are rather complex, you would need ample support from your agent. If it involves too much work, one agent may not be able to do it all. In that case, you might need the support of a team of experts. Most commercial property agencies Dubai should be able to offer you the same. The best part of working with such an agency is that you can expect the best customer service from them. These agencies also hire the top experts to fulfill certain roles. That means you not only get access to real estate agents, but you also have PR experts and a legal team to support you.

RiseUp, the ideal choice for you!

It might be hard to find a real estate agency that possesses all the qualities mentioned above. That is why you need a company that has been in the industry for years and has established a strong reputation as one of the top real estate companies in UAE. If you are searching for a real estate agency that will give you access to reliable agents, professional PR, and legal assistance, RiseUp is the answer!

Since its inception, RiseUp has helped numerous clients find their ideal property. With experts in both the residential and commercial property markets of Dubai, they are the best resource and support system you can have when buying or selling property in the city. On the other hand, if you want to break into the real estate market as an investor, RiseUp can offer you the best guidance. Being one of the most well-known commercial property agencies Dubai, they can help you make the most of your investment.

If you want to know more about how RiseUp can help you in your journey of buying, selling, leasing or renting property in Dubai, get in touch with them. Give them a call or drop an email today!

Should You Hire a Real Estate Agent When Buying Property in Dubai?

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Should You Hire a Real Estate Agent When Buying Property in Dubai?

Buying a property in Dubai may be one of the best and most exciting decisions of your life. Naturally, you would want to do it right. The first thing you might wonder is whether or not you should hire a real estate agent. With so much information available online, you might feel like you can do it all by yourself. However, real estate is a complex field and it is easy to get lost and make costly mistakes. If you are buying a property for the first time, having the guidance of the best real estate agency in Dubai can be a huge lifesaver. If you are struggling to make up your mind about it, ask yourself the following questions:

Do I have the right knowledge and experience?

Agents who work for the top 10 real estate companies in Dubai are the best in their field. As a profession, real estate can be challenging. It requires knowledge and expertise to become a well-known real estate agent. Besides possessing a formal qualification, competent real estate agents have also gone through rigorous training that makes them ready to take on challenges that might show up in their work.

Working with the best real estate agency in Dubai means you will have access to market insights that you would otherwise miss. Your agent will be able to tell you whether it is the right time to make a purchase in a particular area or whether you should focus elsewhere. Furthermore, they are well aware of the properties that are currently on the market and those that will be perfect for you.

How well do I know the market?

It is true that the top 10 real estate companies in Dubai will have the best knowledge of current market conditions. However, that does not mean you cannot find some basic information on your own. A quick Google search might get you some useful information, but will they be enough? Let’s assume you are great at conducting online research and extracting the details you require. However, you should also remember that online sources may not reveal sensitive information such as which projects are likely to get delayed and which are going to fail.

When you rely on the best real estate agency in Dubai, you can rest assured that they will have all the inside scoop required to make sound decisions. They can also help you get the best pricing for the chosen property. Market conditions and several other factors may affect property pricing. Since your agent will already know about these factors, he/she will lead you on the right track.

Can I afford to spend the time and energy on property hunting?

Realistically speaking, you probably won’t close the deal on the first property you see. Sometimes finding the right property within your budget can take weeks or even months, especially if you are conducting your search haphazardly. Hiring one of the top 10 real estate companies in Dubai can reduce that search time significantly. All you need to do is tell your agent your requirements – what kind of property you are looking for, in what sort of price range, in which location and so on. Your agent will then use the resources at his/her disposal to find the properties that fit your needs the best.

Should I buy directly from a developer or one of the best real estate agency in Dubai?

This is a pretty common question that you may have wondered about too. The answer to that is actually quite simple. If you choose to work with a particular developer, they will only show you the properties that they have built. This way, depending on that developer’s market share, you will likely reduce your options by at least 80% and miss out on a large chunk of potentially suitable properties. However, if you work with the best real estate agency in Dubai, you will have access to properties built by several reputed developers. This will expand your options and open up possibilities.

Can I handle all the paperwork?

It goes without saying that buying a property involves a ton of paperwork. Unless you enjoy going through a bunch of documents filled with legal details, you might find the process tedious. However, reading and analyzing every document carefully is crucial, and you cannot skim on this step. Hiring experts from any one of the top 10 real estate companies in Dubai can save you a lot of trouble here.

How much will hiring a real estate agent from one of the best real estate agency in Dubai cost me?

Cost is one of the major concerns property buyers have when deciding whether or not to hire a real estate agent. You would be happy to know that you can hire the best real estate agency in Dubai for free! Your agent or real estate agency will make money by earning 2% commission from the sale. However, in most cases, it is the developer that pays the real estate agent. For you, the price of the property will remain the same regardless of whether you buy it through the developer or through an agent. That means you get to enjoy the services of a real estate agency completely for free.

In Conclusion

To wrap things up, the short answer to whether or not you should hire one of the top 10 real estate companies in Dubai should always be a resounding “Yes.” RiseUp, one of the leading real estate agencies in the UAE, has been working in the residential and commercial real estate market in Dubai for years. With an in-house team of highly qualified professional, RiseUp is best placed to help you find your dream property in the city that is known for its booming real estate market. They can help you connect to a wide network of developers and other relevant parties. You will also have a plethora of options to choose from.

If you want access to some of the industry’s leading experts, make sure to get in touch with RiseUp today. Give them a call or drop them an email to know further.

What Can Your Dubai Property Manager Do For You?

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One of the most significant decisions you will make as a real estate investor is whether or not you should hire a property manager. Managing one or more investment properties is a full-time job. You need to give it your 100% simply because how you manage your investments can very well determine how much you earn from them. Poorly managed real estate can lose its value over time, which means a significant loss for you. If you do not have the time to manage your properties or if you feel that you are not the right person for the task, hiring one of the best property management companies in Dubai will be the right call.

What is a property manager?

Simply put, a property manager can be an individual or company that you hire to oversee the daily operations of one or more real estate units. Real estate investors and property owners typically rely on property managers when they are unable or unwilling to manage their properties. Commercial properties such as business offices, retail malls, and apartment complexes are generally run by property management companies. You will find a list of property management companies in Dubai that specialize in both commercial and residential properties.

Foreign investors, who have properties in Dubai, can benefit greatly from hiring one of the best property management companies in Dubai. Managing investment properties remotely is not only extremely difficult, but it can also prove to be impossible in certain situations. So, if you live far away from your rental properties, hiring a professional property manager may be the ideal solution. On the other hand, if you do not like dealing with the tenants, building maintenance, and so on, you can hire someone to do it for you.

Why hire The Best Property Management Companies in Dubai & What can a property manager do for you?

If you thought that property managers only collect and cash rent checks, you are mistaken. Before you start combing through the list of property management companies in Dubai, you should first get some clarity on what they can do for you. A professional property manager fulfills many responsibilities. Here are some of the most important ones:

1. Promote your property and find tenants

If you rely on rental income, the longer your properties remain empty, the more it costs you. The best property management companies in Dubai eliminate this by proactively trying to renew ongoing leases. They also promote your property on various platforms to attract tenants, and they do it as soon as the current tenant gives notice. That way, your rental property never remains empty.

Professionals hired through a list of property management companies in Dubai also make sure that a property is rent-ready. They take care of necessary repairs and remodeling work, replace damaged or faulty appliances, and rekey the doors. When the property is ready to be shown, the property manager promotes it aggressively with video walkthroughs and photos on his/her website as well as the major listing sites.

2. Screen potential tenants and collect security deposits

Hiring the right tenant is crucial if you want to avoid the risk of financial loss. The best property management companies in Dubai carry out a plethora of background checks including rental history, credit checks, employment history, pet information, and criminal record. They also conduct every step of the process in compliance with the law. Before finalizing the tenant, your property manager will consult you and get your approval. When you recommend a candidate for approval, they will perform all the legal formalities and collect the security deposit.

3. Know all the laws and regulations

When going through a list of property management companies in Dubai, make sure you select one that has a sturdy legal team to assist your property manager. As an investor, you may find it overwhelming to keep yourself up to date on all the current laws and regulations related to leasing or renting commercial or residential properties. A reliable property manager will have expertise on these areas and he/she will know how to address them properly.

4. Take care of maintenance requests

For most landlords, fulfilling maintenance requests is one of the biggest pain points. The idea of earning a passive income may not seem so appealing when you are called with a toilet emergency at the dead of night! No matter how good your tenants are, toilets will break, appliances will malfunction, and the building will get old and worn out. If you do not want to deal with the upkeep of your property, hiring a property manager will be the ideal choice.

5. Allow you to invest without worrying about geographic barriers

When it comes to running operations smoothly, real estate will always require a local presence. That means geographic boundaries can become a significant problem for investors. However, this issue can get resolved when you hire an efficient property manager whose operations are based where your property is situated. This way, you do not need to live in Dubai to own investment property here.

In Conclusion

There are countless benefits of hiring professional property managers to oversee your rental properties. Although you have to spend a certain percentage of your profits to pay your property manager, do not let that cost discourage you. Ultimately, the added expenses will be worth it when you see your property running smoothly without you having to worry about the day to day operations.

If you want a reliable and competent team of experts to manage your property, check out RiseUp, one of the best property management companies in Dubai. Since its inception, RiseUp has been working with both domestic and foreign investors and they specialize in both residential and commercial properties. The company boasts an in-house team that is composed of some of the leading experts from the industry.

RiseUp property managers can make your life much easier by making sure that your investment property stays in the best shape to generate high ROI. To learn more about what they can do for you, get in touch with RiseUp today!

Things You Should Know About Off-Plan Properties Before Investing

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The popularity and demand for off plan properties in Dubai have been on a steady rise in the last few years. There are plenty of reasons for that. Since off-plan properties offer lower rates and flexible payment plans compared to ready properties, both property investors and residential buyers prefer this option. Off-plan properties can do wonders for an investor’s profile. When guided by a competent investment advisory company Dubai, you can stand to gain a significant ROI from a well-chosen off-plan property. Why do you need an investment advisor, you wonder? You need one because the process of getting off-plan properties is not as simple as it might sound. To do this right, you need expert insight.

Off Plan Properties Dubai – A Rising Market

Real estate is one of the strong pillars, on which Dubai’s booming economy stands. Domestic buyers aside, the city attracts a significant portion of its expat population as well as foreign investors. Statistics show that off plan properties Dubai have remained high on demand ever since mega construction projects started taking place all around the city. These days, it is not surprising if a project sells all of its units even before construction is completed. A number of factors contribute to the rising popularity of off plan properties.

If you go through a reliable investment advisory company Dubai, you might be able to reap several excellent benefits. With new building developments, buyers get an excellent investment tool. Even though you do not get to see the physical property at the time of purchase, you can secure a highly profitable deal with the help of your advisor. You can negotiate the price in your favor if you buy a property before construction begins. Moreover, the price of each unit can go up significantly once construction starts.

Another great thing about off plan properties Dubai is that the down payment tends to be really low. Sometimes, buyers can even pay as little as 10% down payment to secure a deal. Furthermore, hiring an investment advisory company Dubai can increase your chances of getting handsome discounts on the property you are eyeing.

It is not without it’s Risks

Much like any other investment vehicle, off plan properties Dubai also have some risks associated with them. As an investor, if you are going for a strictly “buy to let” scheme, you will not see returns immediately. You would have to wait a considerable amount of time before you can rent out the property and generate income from it. There is also the risk of a project shutting down mid way through construction. In that case, you can incur heavy losses.

The best way to prevent such a catastrophe from happening is to work with an investment advisory company in Dubai. Investment advisor companies such as RiseUp only work with some of the best and most reputed builders in the city. With an in-house team of experienced consultants and advisors, RiseUp is in the perfect position to guide you in your journey. The experts can not only help you find the ideal off-plan property, but they can also help you secure a profitable deal.

When it comes to Off Plan Properties Dubai, it’s all about the long game!

For investors who are interested in off-plan properties, it is all about the future. As mentioned above, off-plan properties are not ideal for you if you are looking to make profits right away. You will have to wait at least until the construction is completed. On the other hand, if you have a rather long-term approach when it comes to investments, off-plan properties might be ideal for you. Once you secure one or more units at a much lower rate than ready properties, you can stand to gain a significantly high ROI once the units are completed.

With off-plan properties, thinking ahead and planning for the long term is the way to go. Hiring an investment advisory company Dubai is also a great way to avoid complications down the road. With their advice, you are sure to make sound decisions right from the start. Working with an investment advisor not only protects you, but it also helps to manage your expectations. Thanks to their valuable industry experience and insights, you will know exactly what to expect out of your investment.

A Game of Confidence

If you look at real estate investment as an intense sport, off-plan properties will certainly seem like the most exciting part of it. Despite their risks, off plan properties Dubai continue to attract investors from all around the world. The excellent rewards that you get by investing in these properties act as incentives for the time you have to wait before monetizing your investment. With off-plan properties, it is all about making moves confidently.

More often than not, the key to confidence is having the backing of an expert. An investment advisory company Dubai will be able to tell you which off-plan properties are worth a shot and which are not. They will also go over the contract and find and eliminate problematic areas that might create problems later on. To be more confident in your purchase decision, you can ask yourself the following questions:

  • Has the property location been consistently popular in recent years?
  • How are the other properties in the area priced?
  • Are you getting a good deal?
  • What is the rental demand like in the area?
  • What type of revenue can you expect to generate from renting out your property?
  • Is the area likely to provide significant capital growth?
  • Is the developer or builder trustworthy?

Wrapping Up

Purchasing an off-plan property can feel overwhelming, especially if you are doing it for the first time. There is a significant investment and some risks involved. However, you can calm your nerves by working with a company like RiseUp. Known for being one of the leading real estate companies in Dubai, RiseUp has helped numerous investors make a fortune. If you want the same for your own investment career, get in touch with RiseUp today!

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Exciting New Development Projects That Will Boost Dubai’s Real Estate Market

Exciting New Development Projects by some of the Best Real Estate Companies in Dubai

Want to make a fortune as a real estate investor? Dubai can make your dreams come true! The real estate sector is at the heart of the city’s booming economy. At any given moment, you can find a number of exciting construction projects that are sure to have a significant positive impact on the local real estate market. With the help of the best real estate agency in Dubai, you can be a part of the action.

What makes Dubai ideal for investors?

It won’t be wrong to liken Dubai to a living, breathing organism that is constantly growing and evolving. Ever since the government decided to diversify from an exclusively oil-based economy, the number of development projects skyrocketed, and that led to the property boom that we see today. In Dubai, there are more than 1,500 major freehold communities and developments.

Large scale construction also received impetus since its inclusion in Dubai Strategic Plan 2015. The goal here is to maintain economic growth while also putting Dubai on the world map as a top tourist destination and investment hub. The mega construction projects have also made Dubai among the fastest growing cities in the world. Because of this and also thanks to the best real estate companies in Dubai, the market is always booming here.

If you need further evidence, check out the following mega construction projects that are sure to boost the city’s real estate market significantly. Don’t forget to consult us as one of the best real estate agency in Dubai.

Burj Jumeirah:

The proposed Observation tower project called Burj Jumeirah is going to be another breathtaking example of Dubai’s mastery at futuristic architecture. Situated in Sufouh district near the Burj Al Arab, the project is expected to be completed by 2025. The skyscraper is expected to be over 1800 feet tall!

At the base of the structure and in the surrounding area, there will be large spaces available for the public. Visitors will be able to enjoy an interactive atmosphere. The project will also make way for new cinemas, restaurants, shops, retail outlets, and other real estate spaces.

The inspiration behind Burj Jumeirah’s unique design comes from Arabian desert sand dunes along with flowing oases. The structure aims to capture the same picturesque quality. It will also have several observation decks, from where you will be able to get a panoramic view of the city.

You can rest assured that the best real estate companies in Dubai will make full use of the boost that this project will provide to the surrounding region.

The Heart of Europe:

The Heart of Europe is another ambitious project that will bring some of Europe’s best to Dubai. Situated two miles from the coast, the project will see the creation of six islands, each one dedicated to and inspired by a European country. This mega construction project will offer a taste of European culture, hospitality, and dining through its resorts, bars, boutiques, cafes, and entertainment.

The six islands will include Germany island, Sweden island, Honeymoon island, Floating Venice, Switzerland island, and main Europe island. There will also be many exciting attractions such as the outdoor snow plaza, floating and underwater living experience, artificial rainy street, dedicated wedding hotel, underwater hotel with gym and spa, and many others.

Solar Park:

Even the best real estate agency in Dubai will tell you that the Solar Park is one of Dubai’s most important future projects. The main purpose behind this project is to be able to produce clean energy, and the goal is to make Dubai among the least carbon emission cities by 2050. Once the project gets completed, Solar Park will be the largest park of its kind in the entire world!

Atlantis, The Royal:

Situated on the Palm Jumeirah, Atlantis, The Royal Resort is expected to change Dubai’s landscape forever! Some of the world’s best artists, architects, and designers have come together to create this extraordinary destination that will be a part of the Royal Atlantis Resort and Residences. The state of the art architecture of the hotel is going to be a sight to behold, and you can expect to get world class amenities and services.

Infinite skyline and ocean views, scintillating nightlife and entertainment, and unparalleled dining experiences will be some of the many exciting offerings. Visitors will also have access to Sea Lion Point, Dolphin Bay, The Lost Chambers Aquarium, and Aquaventure Waterpark.

Mall of the World:

Dubai’s reputation as a top shopping destination is going to receive a massive boost thanks to this project. When it is finished, the city will have the world’s largest shopping mall. Although everything about Dubai is larger than life, the Mall of the World will give new meaning to the phrase. It is going to be bigger and better than any of us can imagine. It will include the world’s biggest indoor theme park, countless shops, hotel rooms, hospitality and wellness districts, and Pedestrian City. The mall will also have a retractable glass roof, which will be closed and opened based on the weather.

Conclusion

A lot of exciting things are happening in Dubai as far as mega construction projects are concerned. It is a good time for both investors and the best real estate companies in Dubai. All these mega projects are already grabbing international headlines and attracting foreign investors to the city. These projects will also open up or make way for investment opportunities.

If you want to be a part of the exciting times ahead, make sure to get the guidance of the best real estate agency in Dubai. Since its inception, RiseUp has been helping investors reach their true potential. If you are looking for a reliable agency that will provide you both guidance and assistance, RiseUp is the answer!

When you hire us, you get access to some of the leading industry experts and their insights into real estate investing. Our in-house team is made up of such experts who are always ready to show you the way. Want to know more? Get in touch with us by giving us a call or dropping us an email today!

Top 5 Locations for Buying Luxury Apartments in Dubai

luxury apartments Dubai Marina

Planning to buy a luxury apartment in Dubai? It is a city known for its opulence and extravagance. So, if you are going to invest in a luxury home that offers both comfort and lavishness, it has to be Dubai. Whether you are looking for your dream home or an investment tool, this is the city that can provide you with both. Real estate is one of the strongest and most vital facets of Dubai’s economy. That is why there is no dearth of luxury apartments here. High net worth individuals from around the world come here to find luxury properties. If you are one of them, get in touch with one of the top real estate companies in Dubai 2021 for finding the ideal luxury apartment for you.

Where to buy luxury apartments in Dubai?

In Dubai, you will find numerous skyscrapers and buildings that have hundreds of apartments in them. That is why finding an apartment of your choice should not be too difficult. These apartments come in all sizes and configurations. They are also designed to serve the needs of families, couples, or singletons. The ultra-luxury apartments also offer state of the art facilities and amenities. There are several locations where you will find such properties. If you consult any one of the top 10 real estate companies in Dubai 2021, they are likely to suggest the following locations for your luxury apartment hunt.

Dubai Marina:

According to many top real estate companies in Dubai 2021, you should check out Dubai Marina first. This mixed-use waterfront community is the perfect spot for those looking to buy luxury apartments that offer an active lifestyle. Most of the residential housing projects in this neighborhood are known for being lavish. They offer some of the most luxurious apartment units with breathtaking views of Dubai’s skyline and the water. The best part is that in Dubai Marina, you will not only find ready properties, but you can also go for off-plan properties. Choosing an off-plan property through one of the top 10 real estate companies in Dubai 2021 can be an excellent investment decision.

Bluewaters Island:

The artificial island known as Bluewaters Island is another great spot where you will find ultra-luxury apartments. Here, you will find the iconic Ain Dubai, which is a massive observation wheel that offers enthralling views of the sea. Needless to say, this one attraction alone has significantly enhanced the value of this community. Being so close to the coastline of JBR (Jumeirah Beach Residence), Bluewaters Island is one of the prime locations for luxury apartments. That is why most of the top real estate companies in Dubai 2021 prefer this location for their A-list clients.

EMAAR Beachfront:

Jumeirah Bay Island is one of the elite neighborhoods in Dubai, and it is certainly one of the best spots for luxury apartments. Because it is so close to the sea, apartment owners are likely to get a great view from their balcony. Getting a luxury apartment in this area also gives you access to some of the best resorts in the Emirates. You can also find a yacht club and countless fine dining restaurants in the area. So, besides luxury, if you are also looking for an active lifestyle, this is the best location for you.

Downtown Dubai:

If you want to live next to Burj Khalifa, the tallest building in the world, Downtown Dubai is the ideal location for you. Downtown is a mixed-use community that features some of Dubai’s most popular attractions such as Dubai Mall and Dancing Fountain. These attractions get flooded with tourists during New Year’s Eve. Being the best shopping destination in Dubai also makes it a tourist hub. Besides its bustling lifestyle, Downtown is also famous for its strategic positioning. Buyers prefer this area because it offers them easy access to the major parts of the city. When looking for a luxury apartment in the area, make sure to go through one of the top 10 real estate companies in Dubai 2021.

Palm Jumeirah:

Everyone knows the name Palm Jumeirah. When talking about lavishness and luxury, you cannot miss it. Several A-list celebrities from around the world have found their vacation homes here. If you want to live next to high-profile individuals such as David and Victoria Beckham and Shahrukh Khan, this is the location where you should get your luxury apartment. Home to some of the most expensive properties in Dubai, the Palm Jumeirah has an international fame that is unmatched.

Wrapping up

These are five of the best locations in Dubai where you buy luxury apartments in Dubai. These locations attract some of the biggest property developers in the UAE, which means there is a plethora of high-end properties. Whether you are thinking about settling in or simply buying a luxury vacation home, you are sure to find the ideal property at one of these locations. On the other hand, if you are a real estate investor, getting a property here would be a huge boost for your portfolio.

No matter what your goals are, hiring one of the top real estate companies in Dubai 2021 will surely be beneficial for you. RiseUp, one of the leading real estate agencies in Dubai, has been helping people find their dream properties since its inception. We have worked with buyers and investors from around the world. Being locals, we have a strong understanding of the areas mentioned here. We also have the right connections that can help you in your journey of buying your first luxury home.

If you are strictly looking for an investment vehicle, RiseUp’s investment advisors can also guide you and help you find the ideal property that is capable of meeting your goals. We also have an in-house team of property managers that can keep your investment in the best shape so that the property value keeps increasing with time. For more details, give us a call or drop us an email today!

Can You Convert Your Crypto Into Real Estate?

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The cryptocurrency boom cannot be ignored by anyone at this point. Unless you have escaped to a far-off forest without any phone reception or no access to international media or people for that matter, you already know the numbers we are talking about on a daily basis. It wouldn’t be a wrong theory to say that perhaps the last 6 months have made more millionaires due to the cryptocurrency boom than any other industry has. This is the market gain of cryptocurrencies over the last 3 years. (Dated April 2021)

  • BITCOIN (BTC) – 6,220% Gain
  • ETHEREUM (ETH) – 30,060% Gain
  • RIPPLE (XRP) – 25,717% Gain

That means for every $100 invested into the above cryptocurrencies on 1st January 2017 without selling anything till date, the profit would be $6,220 for BTC investment, $30,060 for ETH investment and $25,717 for XRP investment. These are tremendous and honestly, scary numbers. Although the individuals betting big on these cryptocurrencies during that time were limited, but with an investment of $10,000 into either ETH or XRP at that stage, the profit one would be sitting on right now would be $3,000,000 and $2,500,000 respectively. 

Now that such investments have yielded incredible returns, what do the investors do? Do they continue to hold cryptocurrencies in the hope that they will further rise exponentially in the future or do they aim to liquidate some of their holdings and put them into other asset classes, such as Real Estate or Gold? A healthy mix of the above would probably be the most sought-after option and this is where we, at RiseUp Holding will aim to assist you*. Through a joint-partnership with a cryptocurrency exchange platform, we are now able to accept property investments from the recently formed millionaires from the cryptocurrency boom. The seller will still have the option to receive their proceeds in the form of fiat currency (AED or USD) through the exchange platform, but the buyer will have the comfort of paying directly in their crypto holdings without the need to first liquidate them to convert them into fiat currency. 

The transactions flow can be understood in further details from our team members since there is heavy volatility in these currencies and the price of the transaction needs to be agreed upon in fiat currency, it only takes one transaction to get used to this new and exciting times we are in. Time is of the essence in these transactions and the fee associated with the transaction is relatively low. The transactional currencies are not only limited to BTC, ETH & XRP. There are multiple currencies which can be used for the transactions and buyers have the option to pay in a combination of such currencies. Are you keen to learn more about this? Contact our team here and let us assist you.


*KYC is critical when it comes to investing with crypto currencies keeping in line with the AML policies. 

What To Consider Before Investing in Dubai Real Estate

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What You Must Consider Before Investing in Dubai Real Estate

Want to invest in Dubai Real Estate, but feeling a bit apprehensive? You are right to proceed with caution, especially if you are a novice in this field. Investors who do not have real estate experience might get carried away and take unnecessary risks. However, when it comes to a stable and booming market such as real estate in Dubai, you have little to worry about. As long as you consider the following key factors, making the right decision will become a piece of cake. These five steps will not only help you choose the right property, but they will also set you up on the path to success as a real estate investor in Dubai.

  • Your objective behind investing in Dubai Real Estate

Before you start looking at potential properties, make sure you have a clear objective in mind. Most investors focus on the return on investment, be it through long-term capital gain or through an annual yield. The Dubai real estate market is versatile and flexible. It can accommodate the needs and objectives of both seasoned and novice investors. All you have to do is analyze what you want and decide your next steps accordingly. Do you want to buy a vacation home? Or, do you want to buy a luxury villa that you can rent out to make a sustainable income? Once your objective is clear, you will know where and how to invest.

  • The location can make all the difference

When it comes to real estate, location is everything! It is even more important to those who are looking for an investment opportunity in Dubai Real Estate. Of course, a great location means a hefty price tag, but it also means high property value, which makes it a great asset for any investor. The better the location, the higher the return on investment. However, simply choosing a popular location might not fetch you the desired outcome. The location you have chosen must also support your overall objective. What you intend to do with the property should tell you where it should be situated.

  • A clear understanding of market trends is necessary

Researching and analyzing market trends and stats is perhaps one of the most important steps that you must take care of when you are planning to dip your toes into the pool that is Dubai Real Estate. You need to educate yourself by reading up on investment patterns, current trends and future predictions. When you are confused about which location will fit your objective the most, this particular research will come in handy. You will also get to know about investment terms and other aspects that you may not have known before, and this knowledge will prove to be invaluable as you go forward.

  • The difference between expenditure and investment

Once you have taken care of the factors mentioned above, it is time to get your finances in order. At first, you need to look at your spending and savings patterns, and then do some math! Figuring out exactly how much you can afford to invest in a particular property can seem daunting. However, it is easy when you know a simple formula.

For example, if you are planning to invest and then put the property on rent, you will need to subtract the cost of taxes, maintenance, repairs, and insurance from the rent you are expecting. The sum you will be left with will be your profit or cash flow.

On the other hand, if you want to use the property as your home or holiday home, you will have to subtract the price of the property and your monthly expenses from your yearly income to figure out your cash flow.

The exact figure will certainly depend on your objective as well as the state of the market. However, internationally renowned markets such as Dubai real estate tends to produce a higher ROI than others, generally in the range of 6 – 8% per annum.

  • Guidance from the best real estate agent

Hiring a competent real estate agent is the final step in the preparation stage. No matter how well you have studied the market, it cannot compare to the industry experience of a professional. You need the assistance of someone who is familiar with the trends and developments in Dubai Real Estate. Only a reliable real estate agent can help you make the most of your investment.

With these factors in mind, you should be ready to take the plunge. Take advantage of the post-pandemic boom, and make the most of your money.

Get the best investment advisory services in Dubai from our experts at RiseUp Holding.

OUR PREDICTIONS FOR Real Estate in 2021

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1. Regional Ties Improvement
Real Estate In 2021 in Dubai and the world, we will notice improvements in ties within the region with countries which will bolster cross-border investments and result in further tourism and investment opportunities. This will happen due to Expo taking place in 2021 and also in anticipation of the upcoming FIFA World Cup. This will give a much-needed push to inter trade as well, which will also result in further more businesses being set up within the region, in particular due to the change in requirements for local partners in various business categories.

2. Apartments Price Growth – Real Estate 2021 

Post Covid, there has been an unexpected increase in the prices for villas and townhouses, in particular in the luxury segment. This happened due to end-users preferring to have certain amenities which are only accessible in villas or townhouses for their kids to be outdoors as opposed to being indoors in apartments. This caused a strain on the prices of apartments, and due to the prices dropping within this segment, we will notice a rebound in the apartment prices this year as investors and end users alike will realise that better deals and opportunities will lie within apartments, so they will start to slowly shift their focus there. This might also result in slight adjustment of prices within the villa and townhouse community.

3. Primary Property Price Growth

2020 was the year of the Covid, and that caused a domino effect which resulted in the feds stepping in and printing money. The Feds have injected over USD 9 Trillion into the economy, which equals 22% of the circulating USD printed in just 2020. The majority of this money has gone into the stock market which has resulted in unprecedented gains during 2020. Eventually this money will move out of the stock market and make its way to properties, in particular in the hands of institutional investors, and this will give a massive boost to all primary cosmopolitan markets across the globe.

4. Further Reduction In Rentals

The rental market will continue to see a drop within 2021, but it will not last the year. More tenants will shift their focus towards buying, due to the price reduction in apartments, and that will push the property prices up. Based on furthermore businesses opening and job opportunities, more migrations will happen within the region, and tenants from outer emirates will look at shifting to Dubai based on the rental opportunities, which will then in turn push the rental prices up. This will furthermore lure in investors who are looking at rental income-generating assets in Dubai.

5. Israel Investments

Since the normalization of ties within the two countries, we will look at a heightened level of interest from investors in Israel to enter into the UAE market. Beachfront properties in Tel Aviv start from a range of US$ 3,000 Per Sq.Ft; whereas similar luxury properties in Dubai can start from US$ 500 Per Sq.Ft, which will make it very attractive for investors from Tel Aviv as they look at beachfront assets for holiday homes or short term rentals. The overall boost will not only benefit the real estate sector, but also technology and infrastructure.

For more information on Real Estate 2021 market in Dubai, you can reach out to us via email info@riseupholding.com or phone +97143887440.

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